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Home2025April

Month: April 2025

PMI
Finance

But this Kind of Dynamic Sprinkles Additional Cold Water on the Idea of a Looming Recession

April 8, 2025 Mariel Alumit

Inland Empire PMI spikes to highest since early 2021, New Orders spike to record: Private sector is dynamic, but not always in linear ways. By Wolf Richter for WOLF STREET. Corporate frontrunning of tariffs is now a big […]

Finance

How does the steel market feel about Trump’s Tariffs?

April 8, 2025 Clark Savage

This interview with Drew Greenblatt, CEO of Marlin Steel, was great, and I honestly did not have CNN down for a quality interview, but here we are. Scott Jennings is the only one I watch […]

Coal

U.S. production of all types of coal has declined over the past two decades

April 8, 2025 Stu Turley

Data source: U.S. Energy Information Administration, Annual Coal Report Data values: Table ES-1, Coal Production In 2023, the United States produced 578 million short tons (MMst) of coal, or less than half of the amount produced in 2008 when […]

NextDecade
Finance

NextDecade, Aramco seal 20-year LNG SPA

April 8, 2025 Mariel Alumit

Under the SPA, a unit of Aramco will purchase 1.2 million tonnes per annum (mtpa) of LNG per year from Train 4 at the Rio Grande LNG facility on a free on board basis, at […]

Critical Minerals

U.S. Nuclear is critical, and Maria Bartrimo interview points out some critical issues.

April 8, 2025 Clark Savage

ENB Pub Note: This interview with Maria on Fox this morning was crucial. I have contacted Lee Robinson to get an interview with him on the Energy News Beat podcast. He brings up some critical […]

Pennsylvania’s Coal
Coal

Trump to sign executive orders aimed at reviving coal

April 8, 2025 Clark Savage

President Donald Trump is preparing to sign executive orders Tuesday to bolster the coal industry, including using his emergency authority to force some coal-fired power plants set for closure to stay open and keep producing […]

Stena Drilling
Press

Stena Drilling drillship wins more work off Suriname

April 8, 2025 Stu Turley

Stena Drilling, the Aberdeen-based business of Sweden’s Stena, has won a contract for one of its drillships with subsidiaries of Shell in Suriname. The contract for the campaign was awarded to the 2008-built Stena DrillMax […]

Liberty Energy
Crude Oil News

Oil Price Slump, Tariffs Hit Oilfield Services Sector

April 8, 2025 Clark Savage

Trump’s sweeping tariffs and China’s retaliation triggered a sharp drop in oil prices. The oilfield services sector is particularly vulnerable, facing reduced demand and profit margins due to falling oil prices, higher import costs, and […]

Coal

LNG and Coal Face Dismal Times With Trump’s Port Levies

April 8, 2025 Clark Savage

The beleaguered coal industry could soon find itself in even more trouble thanks to a proposed levy on Chinese ships. The Trump administration has drafted an executive order to levy fines of up to $1.5 […]

Tariffs
Crude Oil News

Trump’s Tariffs Are Killing His Plans for Energy Dominance

April 8, 2025 Stu Turley

ENB Pub Note: This article from Keith Johnson at Foreign Policy has some interesting and valid points. That said, I believe that the price of oil will be low for a short period of time. […]

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